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How inflation affects the functions of money Inflation alludes to a sustained general rise in the prices of goods and services In other words it means a rise in the level of cost of living
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Introducing Money Imagine three men living on a small island Toni is mining the local salt mine and apart from him there are Pete the fisherman and Tom the apple grower and their families
Aristotle Politics In his Nicomachean Ethics Aristotle 384322 BCE describes the happy life intended for man by nature as one lived in accordance with virtue and in his Politics he describes the role that politics and the political community must play in bringing about the virtuous life in the citizenry
Happiness is a fuzzy conceptSome related concepts include wellbeing quality of life flourishing and contentment In philosophy and western religion happiness may be defined in terms of living a good life or flourishing rather than simply as an emotion